Courts: ITAT Bangalore
Find latest ITAT Bangalore judgments, orders and case laws on income tax covering assessments, transfer pricing, deductions, capital gains, TDS, reassessment and penalties.
In absence of business activities Interest on borrowed capital not allowable
ALP adjustment for excess credit period to AEs without charging any interest
Credit co-operative society providing credit facilities to members can claim deduction u/s 80P(2)(a)(i)
Assessment Order not becomes Invalid for mere wrong mention of section
Exemption U/s 54 available on amount invested despite non-completion of construction by builder within prescribed time
Rental Income incidental to business of assessee is eligible for deduction U/s. 10A
Google Case: No stay on demand on the ground of Appeal Filing
80P Deduction eligible to Co-op Societies providing Credit facilities only to its Members
Addition cannot be made for invalid gift of immovable property
S. 254 Miscellaneous petitions filed after 6 months from ITAT order date is barred by limitation
Mere delay in submitting ITR-V does not make return invalid to deny benefit of carry forward of losses
No Penalty u/s 271AAA If Assessee Admitted Income during Search & Paid Tax
Camouflaging of Loan to Director as commercial transaction: Invocation of s. 2(22)(e) justified
Interest on loan cannot be allowed to be claimed against remuneration from Partnership firm
ITAT Bangalore judgments and orders form an important body of income-tax appellate jurisprudence. This page brings together ITAT Bangalore case laws concerning assessments, business income, deductions, exemptions, transfer pricing, international taxation, capital gains, TDS, reassessment, unexplained income, penalties and procedural disputes. Companies, taxpayers, Chartered Accountants, advocates and tax professionals can use this collection to research Tribunal precedents and follow developments under the Income-tax Act. TaxGuru provides access to recent as well as significant earlier ITAT Bangalore decisions, making this page a useful reference for direct tax research and appellate practice.
